Knowledge Base

Reverse Charge notice

Set a reverse charge notice

With MoneyPenny it’s easy to keep your invoices in accordance with official regulations. So if the receiver doesn’t need to pay VAT, you can use a reverse charge notice on your invoices. For instance, according to the European law, this has to be stated right on the invoices sent between companies from the European Union member states.

To mark a client as a receiver of a reverse charge notice, you just need to go to ‘Client’ ➝ ‘Edit Client’ ➝ ‘Client Details’➝ ‘Client Default Settings’ and mark the reverse charge check box. Don’t forget to press ‘Save Client’.